Latest Federal & Government Contracting Companies' News Coverage
Stratolaunch Systems intends to establish industry partnerships on hypersonic efforts and continue high-speed flight testing activities by September, SpaceNews reported Wednesday.
Executive Mosaic is pleased to introduce John Heller, CEO of PAE, as an inductee into the 2019 Wash100 “” Executive Mosaic's annual selection of the most influential voices in the government contracting arena “” for securing several major contracts and investing in emerging technology. This latest honor marks the fourth Wash100 Award win for Heller.
Gregory Nixon, chief administrative officer and chief legal officer at DynCorp International, has been named to Savoy Magazine's 2018 list of top influential African-American lawyers. Nixon is one of the lawyers named to the magazine's 2018 Most Influential Black Lawyers list and who were acknowledged for their legal expertise and leadership, DynCorp said Monday. DynCorp CEO […] More
Thomas “Tom“ Manning, formerly lead director at Dun & Bradstreet, has been named chairman of the board and interim CEO of the Short Hills, New Jersey-based commercial information provider. Manning's appointment comes after Dun & Bradstreet CEO and Board Chairman Robert Carrigan decided to step down from his roles, the company said Monday. The board's nominating […] More
Mark Malcolm, president and CEO of automotive structural metal assemblies supplier Tower International, has been appointed to the board of directors at General Dynamics. Malcolm will serve on General Dynamics“™ audit committee, the company said Wednesday. “With Mark’s experience at the helm of a publicly traded manufacturing company and his financial management background, he’s an […] More
DynCorp International will relocate its headquarters to a new site in Tysons Corner, Va. as part of the company’s consolidation and financial management strategies, the Washington Post reported Monday. Marjorie Censer writes nearly 180 workers from its four Virginia facilities will transfer to the Tysons campus and the company plans to open the headquarters on […] More
GeoEye has recently appointed Gen. Michael P. C. Carns to serve on its board of directors. He is now a member of the board of representatives of Cerberus Capital Management, L.P., which provided financing support for GeoEye’s bid on the National Geospatial-Intelligence Agency’s EnhancedView program. “I am excited about serving on GeoEye’s board, because I believe in […] More
DynCorp International Inc. announced today Cerberus Capital Mangement L.P.’s subsidiary, Delta Tucker Sub, will sell $455 million aggregate principal amount of senior notes to assist the funds of Cerberus’ acquisition of DynCorp. DynCorp will assume the obligations once the acquisition is completed, which could occur as early as the end of this month. The proceeds […] More
Cerberus Capital Management, one of the largest private equity firms in the United States, jumped into the government contracting industry with both feet by purchasing DynCorp International for $1.5 billion. DynCorp President and CEO Bill Ballhaus said of the transaction, “I believe that under this partnership with Cerberus, DynCorp International will be able to build […] More
This is the year of aggressive competition. Tightening federal budgets, plus the insourcing push, are proving as much. But while many say government contracting is entering a lean, mean next couple years, there’s still plenty of market opportunity. The trick is knowing who’s changing the game “” and setting the terms “” so you can […] More
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